One of things that has become more apparent over the past several years is that companies with robust compliance programs are generally better-run companies for several reasons. First and foremost is that robust compliance controls enhance financial controls so the companies are more efficient on the business side of things. The second is that a robust compliance regime can only succeed with clear management support, beginning at the top and all the way down through the organization.

Thomas Fox has practiced law for over 40 years. Tom writes the daily award-winning blog, the FCPA Compliance and Ethics blog and founded the Compliance Podcast Network. Tom leads the discussion on AI in...